IDFC First Bank share price gained over 3% after it reported modest profit growth for Q4 FY26, supported ...More

IDFC First Bank share price gained over 3% after it reported modest profit growth for Q4 FY26, supported by strong loan and deposit expansion and improved asset quality. Margins eased slightly, while provisions declined steadily. Despite near-term pressures, management remains optimistic on deposit momentum, though the stock continues to underperform over longer timeframes. ...Less

IDFC First Bank announced its financial results for the March quarter of FY26. The bank's standalone net ...More

IDFC First Bank announced its financial results for the March quarter of FY26. The bank's standalone net profit saw a 5% increase compared to the previous year. Net interest margins experienced a slight dip. Interest income grew by 12%, while net interest income rose by 16%. Customer business expanded by 19% year-on-year. ...Less

IDFC First Bank reported a modest 5% rise in Q4 net profit, aided by a 40% decline in provisions. However ...More

IDFC First Bank reported a modest 5% rise in Q4 net profit, aided by a 40% decline in provisions. However, a Rs 645-crore fraud at its Chandigarh branch sharply dented operating performance, leading to a 42% drop in operating profit after the bank fully expensed the impact during the quarter. ...Less

IDFC First Bank reported a 58% YoY drop in Q4 net profit to Rs 304 crore, impacted by a decline in its mi ...More

IDFC First Bank reported a 58% YoY drop in Q4 net profit to Rs 304 crore, impacted by a decline in its microfinance loan portfolio. Despite this, Net Interest Income rose by 9.8% to Rs 4,907 crore. The bank saw strong growth in customer deposits, increasing 25.2% YoY, with retail deposits up 26.4%. ...Less

IDFC First Bank Q4 Results: IDFC First Bank announced a net profit of Rs 724.35 crore for the quarter end ...More

IDFC First Bank Q4 Results: IDFC First Bank announced a net profit of Rs 724.35 crore for the quarter ending on March 31, marking a decrease from Rs 802.62 crore reported in the corresponding period last year. In the January-March quarter, IDFC First Bank recorded an interest income of Rs 8,219.21 crore, showing an increase from Rs 6,424.35 crore reported in the same period a year ago. This signifies a 28% rise on a year-on-year basis. ...Less

"I’m happy to share that the asset quality remains high. On the retail side, the Gross NPA is 1.65% and t ...More

"I’m happy to share that the asset quality remains high. On the retail side, the Gross NPA is 1.65% and the net NPA is at 0.55%, against the guidance of Gross NPA of 2.0% and NNPA of less than 1%. If we exclude the infrastructure financing book, which is anyway in run-down mode, the Gross NPA and Net NPA would be 1.84% and 0.46% at the overall bank level," said IDFC First Bank MD and CEO V Vaidyanathan. ...Less

Total income during the fourth quarter rose to Rs 4,834 crore as against Rs 4,576 crore during the same p ...More

Total income during the fourth quarter rose to Rs 4,834 crore as against Rs 4,576 crore during the same period of FY20, IDFC First Bank said in a regulatory filing. ...Less

IDFC First Bank is likely to report a weak Q4FY26 with PAT expected to decline sharply due to a deposit f ...More

IDFC First Bank is likely to report a weak Q4FY26 with PAT expected to decline sharply due to a deposit fraud impact, despite steady loan growth and stable margins. Brokerages see NII growth remaining healthy, while asset quality, deposit traction and credit costs will be key factors to watch. ...Less

Its net interest margin rose to 4.24 per cent in the quarter from 3.03 per cent a year ago. ...More

Its net interest margin rose to 4.24 per cent in the quarter from 3.03 per cent a year ago. ...Less

"The net profit for Q4-FY22 grew by 168 per cent to Rs 343 crore from Rs 128 crore in Q4 FY21, driven by ...More

"The net profit for Q4-FY22 grew by 168 per cent to Rs 343 crore from Rs 128 crore in Q4 FY21, driven by strong growth in core operating income and lower provisioning," the bank said. ...Less

IDFC First Bank's standalone profit rose 134% YoY to Rs 803 crore in the March quarter, driving the share ...More

IDFC First Bank's standalone profit rose 134% YoY to Rs 803 crore in the March quarter, driving the shares up 6%. The bank's net interest income in Q4 2022 totalled Rs 3,596.75 crore. Its gross and net NPAs improved, and provisions for FY23 reduced by 46% YoY to Rs 1,665 crore. The bank's asset quality remains high, and RoA improved from FY22's 0.08% to 1.13% in FY23. However, brokerage Nuvama retained its hold rating on the bank with a target price of Rs 60 as its retail loan portfolio and deposit franchise remain unseasoned and weak, respectively. ...Less

IDFC First Bank 's net dipped 9.8% in Q4 but total deposits rose 39% to ₹2 lakh crore, while the share of ...More

IDFC First Bank 's net dipped 9.8% in Q4 but total deposits rose 39% to ₹2 lakh crore, while the share of CASA stood at 47.2% as of March 31, 2024 - probably highest among all private banks. Retail deposits stood at ₹1.51 lakh crore and legacy high-cost borrowing stood at ₹11,809 crore. ...Less

In the January-March quarter, IDFC First Bank disclosed an interest income of Rs 8,219.21 crore, a notabl ...More

In the January-March quarter, IDFC First Bank disclosed an interest income of Rs 8,219.21 crore, a notable increase from Rs 6,424.35 crore reported in the corresponding period of the previous year. This represents a substantial year-on-year growth of 28%. ...Less

Earlier in the month of May, NTPC had announced a dividend for its shareholders along with the declaratio ...More

Earlier in the month of May, NTPC had announced a dividend for its shareholders along with the declaration of its Q4 results for the financial year 2024. ...Less

ICICI Securities maintains a Buy call on IDFC First Bank, revising the target price to Rs 80. The bank's ...More

ICICI Securities maintains a Buy call on IDFC First Bank, revising the target price to Rs 80. The bank's Q4FY25 PAT was impacted by elevated provisioning, though funded assets and deposits showed strong YoY growth. While NIM declined slightly, MFI slippages are expected to have peaked, with ICICI Securities anticipating RoA to reach 1% by the end of FY26E. ...Less

CDSL's Q1 FY26 results reveal a 23.7% YoY decline in consolidated net profit, reaching Rs 102.40 crore, w ...More

CDSL's Q1 FY26 results reveal a 23.7% YoY decline in consolidated net profit, reaching Rs 102.40 crore, while revenue from operations saw a marginal increase of 0.55% to Rs 258.81 crore. Depository activity revenue increased, but data entry and storage revenue decreased. Total expenses surged by 27.35% YoY to Rs 143.60 crore. ...Less

IDFC First Bank's shares are under scrutiny following a 58% YoY drop in Q4 net profit, attributed to a de ...More

IDFC First Bank's shares are under scrutiny following a 58% YoY drop in Q4 net profit, attributed to a decline in its microfinance loan portfolio. Despite this, NII increased by 9.8% YoY, and customer deposits saw a 25.2% rise. Nuvama maintains a 'Hold' rating, anticipating improved RoA in coming years, though the stock's valuation is considered fair. ...Less